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Financial technology: World's top 20 companies
Even as uncertainty continued to hamper the financial sector, these companies tided over the difficult times.
An American Banker study on leading technology providers show how the top 100 financial technology companies increased their revenues from financial institutions to $58.1 billion, up nearly 10 per cent in a very difficult economy.
Here's a list of the top 20 financial technology companies...
1. FIS
Total revenue: $5,270 mn
Financial service: $4,426 mn
CY 2010 Revenue (millions)
Fidelity National Information Services (FIS) was founded in 1968 as Systematics.
FIS is one of the world's top-ranked technology providers to the banking industry offering a comprehensive range of solutions for financial markets.
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Financial technology: World's top 20 companies
2. Fiserv
Total revenue: $4,133 mn
Financial service: $3,926 mn
Founded in 1984, Fiserv Inc is a leading global provider of information management and electronic commerce systems for the financial services industry.
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Financial technology: World's top 20 companies
3. Tata Consultancy Services
Total revenue: $7,805 mn
Financial service: $3,456 mn
Tata Consultancy Services is a global IT services, business solutions and outsourcing company headquartered in Mumbai.
It is the largest provider of information technology in Asia and second largest provider of business process outsourcing services in India.
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Financial technology: World's top 20 companies
4. SunGard
Total revenue: $4,992 mn
Financial service: $3,102 mn
SunGard is a multinational company based in Wayne, Pennsylvania, which provides software and services to education, financial services, and public sector organisations.
It was formed in 1983, as a spin-off of the computer services division of Sun Oil Company, during a period of low crude oil prices.
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Financial technology: World's top 20 companies
5. NCR
Total revenue: $4,819 mn
Financial service: $2,651 mn
NCR Corporation is a global technology company which offers solutions and comprehensive support services for retail, financial, travel, healthcare, hospitality, entertainment, gaming, public sector, telecom carrier and equipment organisations in more than 100 countries.
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Financial technology: World's top 20 companies
6. Diebold
Total revenue: $2,824 mn
Financial service: $2,552 mn
Diebold, Inc is a security systems company engaged primarily in the sale, manufacture, installation and service of self-service transaction systems (such as ATMs), electronic and physical security products and software and integrated systems for global financial and commercial markets.
Diebold is the largest US manufacturer of ATMs.
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Financial technology: World's top 20 companies
7. Lender Processing Services
Total revenue: $2,456 mn
Financial service: $2,334 mn
Lender Processing Services (LPS) is a provider of integrated technology and services to the mortgage lending industry, with mortgage processing and default management services in the United States.
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Financial technology: World's top 20 companies
8. First Data
Total revenue: $10,380 mn
Financial service: $2,281 mn
First Data Corporation is an American payment processing company headquartered in Atlanta, Georgia. First Data is a provider of electronic commerce and payment solutions.
The company's portfolio includes merchant transaction processing services; credit, debit, private-label, gift, payroll and other prepaid card offerings, fraud protection and authentication solutions.
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Financial technology: World's top 20 companies
9. Nomura Research Institute
Total revenue: $3,514 mn
Financial service: $2,181 mn
Nomura Research Institute, a leading provider of consulting services and system solutions. For the second consecutive year, NRI was ranked 9th on the list of financial technology companies that were ranked according to their global revenues.
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Financial technology: World's top 20 companies
10. Infosys
Total revenue: $5,641 mn
Financial service: $2,031 mn
Infosys is a global technology services company headquartered in Bangalore. It is the second largest IT exporter in India with 133,560 employees as of March 2011.
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Financial technology: World's top 20 companies
11. Wincor Nixdorf
Total revenue: $3,029 mn
Financial service: $2,029 mn
Wincor Nixdorf works for competitive processes and efficient workflow at bank branches and retail outlets.
Wincor offers solutions to simplify processes, especially at the interface with the customer with the use of information technology.
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Financial technology: World's top 20 companies
12. Cognizant Technology Solutions
Total revenue: $4,592 mn
Financial service: $1,945 mn
Cognizant Technology Solutions is an American multinational provider of custom information technology, consulting and business process outsourcing services.
Cognizant has been named to Fortune magazine's 100 Fastest-Growing Companies list for nine consecutive years.
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Financial technology: World's top 20 companies
13. Total System Services
Total revenue: $1,718 mn
Financial service: $1,716 mn
Total System Services is the largest processor bank credit card issuers.
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Financial technology: World's top 20 companies
14. CA Technologies
Total revenue: $4,300 mn
Financial service: $1,634
CA Technologies is a Fortune 500 company and one of the largest independent software corporations in the world.
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Financial technology: World's top 20 companies
15. DST Systems
Total revenue: $2,329 mn
Financial service: $1,201mn
DST Systems is a software development firm that specialises in information processing and management, with the goal of improving efficiency, productivity, and customer service.
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Financial technology: World's top 20 companies
16. CoreLogic
Total revenue: $1,623 mn
Financial service: $1,081mn
CoreLogic Inc is an American corporation providing financial, property and consumer information, analytics and business intelligence.
The company analyses information assets and data to provide clients with analytics and customised data services.
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Financial technology: World's top 20 companies
17. SAS Institute
Total revenue: $2,430 mn
Financial service: $1,021 mn
SAS Institute is one of the largest privately-held corporations in North Carolina and in the software business.
SAS allows you to transform data about customers, performance, financials and more into information and predictive insight that lays the groundwork for solid and coherent decisions.
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Financial technology: World's top 20 companies
18. Jack Henry & Associates
Total revenue: $921 mn
Financial service: $921 mn
Jack Henry & Associates, an S&P 400 company, supports more than 11,200 financial institutions with core processing solutions and specialised products and services that serve financial services organisations.
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Financial technology: World's top 20 companies
19. Equifax
Total revenue: $1,860 mn
Financial service: $744 mn
Equifax Credit Information Services is a joint venture formed between Equifax Inc. and six leading Indian financial institutions aimed at providing broad range of credit information, analytics and risk management solutions throughout India.
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Financial technology: World's top 20 companies
20. Oberthur Card Systems
Total revenue: $1,308 mn
Financial service: $719 mn
Oberthur Card Systems is one of the world's leading providers of card-based solutions, software and applications including SIM and multi-application smart cards and services ranging from consulting to personalisation.